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Gallup Polling: For the Past 18 Years, U.S. Adults Have Preferred Real Estate as an Investment Over Stocks

Courtesy of Pam Martens

Americans' Views on the Best Long-Term Investment

By Pam Martens and Russ Martens: December 31, 2020 ~

Happy New Year’s Eve 2020 and welcome to a correctly skeptical America when it comes to Wall Street.

Despite the President of the United States using his bully pulpit for the past four years to tell Americans how great the stock market is (see here, here and here, for example) Gallup polling shows that U.S. adults have consistently favored real estate as the better long-term investment over stocks. (See chart above.)

In fact, in the April 1-14 poll that Gallup conducted this year, stocks reached their lowest score versus real estate since 2012. In the spring poll, which followed the sharp stock market selloff in March, 35 percent of adults rated real estate the better long-term investment versus 21 percent who voted for stocks.

The perception that Wall Street is a rigged arena for the benefit of the one percent has gained steam since the dot.com bust of 2000 and the Wall Street implosion from subprime debt and derivatives followed by an unprecedented bailout in 2008. Another way to interpret this is that the continued deregulation of Wall Street that began in 1999 during President Bill Clinton’s administration and has picked up momentum ever since, has killed the public’s confidence to entrust life savings to Wall Street.

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